I saw there are a lot of bookmakers with very different quotes.
Probably you could easily set up bets (on Obama and Romney through various bookmakers) so that no matter what happens you win.
But I don't know if this is legal?
Bought a couple hundred shares on Intrade..
Obama wins = profit
Romney wins = profit (taxes)
win win baby
Betting Arbritage - google it
Unfortunately it doesn't really exist, even when you're betting large sums and get better odds than the general public does. The only real way to do it is with the top up bonuses and the amount of time involved for a $50-$100 return isn't worth it (most of the bonuses require you rebet 4x at least).
The best bet at the moment is through pinnacle and that has Obama at 1.29 and Romney at $4.5 (through William Hill)
If I could get Obama at 1.4 I'd put a couple of grand on it - I might put 500 on Romney. I can't see him winning it but it's great value at 4.5.
Is there any place to make a bet like this online in the US besides Intrade?
Unfortunately it doesn't really exist, even when you're betting large sums and get better odds than the general public does. The only real way to do it is with the top up bonuses and the amount of time involved for a $50-$100 return isn't worth it (most of the bonuses require you rebet 4x at least).
The best bet at the moment is through pinnacle and that has Obama at 1.29 and Romney at $4.5 (through William Hill)
If I could get Obama at 1.4 I'd put a couple of grand on it - I might put 500 on Romney. I can't see him winning it but it's great value at 4.5.
Why wouldn't it exist? Aren't there always differences in odds between betting places?